Desiree Rogers, Johnson Publishing Co. CEO, to leave firm next month
5, 2017) In the latest of a series of announcements, the nation's oldest
black-owned magazine publisher, Johnson Publishing Co., announced that
its CEO is exiting the firm. The full text of the announcement is below.
Johnson Publishing Company (JPC) and Desiree Rogers, who has served as
the CEO of the firm since 2010, have announced that she will leave the
company effective June 2.
Rogers joined JPC to help assess growth prospects for the company's
three divisions: Media (which included Ebony and Jet magazines),
the Johnson Archives, and Fashion Fair Cosmetics, the world's largest
Black-owned prestige cosmetics company.
During her tenure, Rogers was instrumental in securing several capital
investments as the family decided which assets to sell.
In early 2014 an investment banker was hired to sell the media assets
resulting in a May 2015 sale. Additionally a contract was completed
earlier this week to sell the Johnson archives.
Since the media sale, Rogers has focused on increasing the profitability
of Fashion Fair as a standalone company.
are well positioned to continue my father's legacy and move these
businesses forward in the future -- with our newly signed WME deal to
develop Ebony inspired projects and our expansion into company managed
counters for Fashion Fair. I am delighted to resume the leadership of
both companies," says Linda Johnson Rice, Chairman of Johnson
have appreciated my time with the company and am proud of the work we
have done here, guiding the sale of legendary assets and strengthening
Fashion Fair with a new team. Now is the perfect time to pursue other
interests," Rogers said.
Rogers said she will continue to focus on the nonprofit and corporate
boards on which she serves, in particular ChooseChicago, the city's
tourism bureau, which she chairs. Rogers also serves on the board of
directors of the Conquer Cancer Foundation, the Museum of Science and
History, World Business Chicago, the Economic Club of Chicago, the
Commercial Club of Chicago, Donors Choose, and Cradles to Crayons.
She is also a member of the board of directors of Pinnacle Entertainment
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